In this paper we present a model of representative behavior in the dictator
game. Individuals have simultaneous and non-contradictory preferences over
monetary payoffs, altruistic actions and equity concerns. We require that
these behaviors must be aggregated and founded in principles of representativeness and empathy. The model results match closely the observed mean
split and replicate other empirical regularities (for instance, higher stakes reduce the willingness to give). In addition, we connect representative behavior
with an allocation rule built on psychological and behavioral arguments. An
approach consistently neglected in this literature.
Key words: Dictator Game, Behavioral Allocation Rules, Altruism, Equity
Concerns, Empathy, Self-interest
JEL classification: C91, D03, D63, D74.